For the quarter ending 2025-09-30, SRFM made $29,172,000 in revenue. -$27,213,000 in net income. Net profit margin of -93.28%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 29,172,000 | 27,431,000 | 23,506,000 | 30,346,333.333 |
| Cost of revenue, exclusive of depreciation and amortization | 27,662,000 | 24,058,000 | 24,706,000 | 27,479,333.333 |
| Technology and development | 2,327,000 | 2,734,000 | 2,680,000 | 6,110,333.333 |
| Sales and marketing | 2,060,000 | 1,501,000 | 1,653,000 | 2,077,333.333 |
| General and administrative | 11,200,000 | 12,628,000 | 10,886,000 | 9,812,000 |
| Depreciation and amortization | 2,423,000 | 2,441,000 | 2,148,000 | 2,073,333.333 |
| Total operating expenses | 45,672,000 | 43,362,000 | 42,073,000 | 47,552,333.333 |
| Gain on extinguishment of debt | - | - | 39,000 | 1,799,333.333 |
| Operating loss | -16,500,000 | -15,931,000 | -18,567,000 | -17,206,000 |
| Changes in fair value of financial instruments carried at fair value, net | -7,415,000 | -7,753,000 | 5,396,000 | -3,494,333.333 |
| Interest expense | 3,255,000 | 3,766,000 | 3,895,000 | 2,176,666.667 |
| Other expense | -105,000 | -612,000 | -1,492,000 | 92,333.333 |
| Total other expense, net | -10,775,000 | -12,131,000 | 48,000 | -3,779,333.333 |
| Loss before income taxes | -27,275,000 | -28,062,000 | -18,519,000 | -20,985,333.333 |
| Income tax benefit | -62,000 | -64,000 | -53,000 | -91,000 |
| Net loss | -27,213,000 | -27,998,000 | -18,466,000 | -20,894,333.333 |
| Earnings per share, basic | -0.64 | -1.34 | -1.09 | -1.62 |
| Earnings per share, diluted | -0.64 | -1.34 | -1.09 | -1.62 |
| Weighted average number of shares outstanding, basic | 42,430,909 | 20,902,901 | 16,905,684 | -20,185.667 |
| Weighted average number of shares outstanding, diluted | 42,430,909 | 20,902,901 | 16,905,684 | -20,185.667 |
SURF AIR MOBILITY INC. (SRFM)
SURF AIR MOBILITY INC. (SRFM)